Why is Explicit Finance falling/rising?

As of 28-Oct, Explicit Finance Ltd is experiencing a price increase, currently at 10.98, reflecting a rise of 0.52 or 4.97%. The stock has shown strong performance recently, gaining 15.58% over the last three days and outperforming its sector by 5.23% today. Additionally, the stock's year-to-date return stands at an impressive 53.57%, and it has significantly outperformed the benchmark Sensex over various periods, including a remarkable 254.19% increase over the last three years. The rising investor participation is evident with a delivery volume increase of 122.46% compared to the five-day average, indicating heightened interest and confidence in the stock.
In the broader market context, while the Sensex has only increased by 0.24% over the past week, Explicit Finance Ltd has surged by 11.25%, showcasing its strong short-term performance relative to the benchmark. This divergence suggests that investor sentiment towards Explicit Finance is particularly positive, especially in light of its recent consecutive gains. The stock's liquidity is also favorable, allowing for sufficient trading activity, which further supports its upward price movement. Overall, the combination of strong recent performance, increased investor participation, and favorable comparisons to the benchmark contributes to the stock's rising price.